You are the manager of a firm that produces products x and y at zero cost. you know that different types of consumers value your two products differently, but you are unable to identify these consumers individually at the time of the sale. in particular, you know there are three types of consumers (1,000 of each type) with the following valuations for the two products:
consumer type
product x
product y
1
$90
$60
2
70
140
3
40
160
a. what are your firms profits if you charge $40 for product x and $60 for product y? $
b. what are your profits if you charge $90 for product x and $160 for product y? $
c. what are your profits if you charge $150 for a bundle containing one unit of product x and one unit of product y? $ d. what are your firm
Answers: 2
Business, 22.06.2019 12:40, payshencec21
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
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Business, 22.06.2019 13:10, littlemoneyh
The textbook defines ethics as “the principles of conduct governing an individual or a group,” and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the company’s ethical systems as it is in its safety systems, and how would you defend your conclusion?
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